<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3434         </title>
<shortdesc>DFPR-HOA/CONDO BOARD TRAINING</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Adriane Johnson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>765 ILCS 160/1-26 new</reference><aliasreference></aliasreference><reference>765 ILCS 605/18.4a new</reference><aliasreference></aliasreference><SynopsisText>Amends the Common Interest Community Association Act and the Condominium Property Act. Beginning in 2023, requires all common interest community association board members and all members of a condominium board of managers to complete, at least annually, a training program that educates the member in the member's role and fiduciary responsibilities as a member of the board. Requires the Department of Financial and Professional Regulation to produce a model training program and make it available online to the public at no cost. Allows the Department to offer training seminars at a reasonable fee. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/18/2022</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Adriane Johnson</action>
<statusdate>1/18/2022</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/18/2022</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/26/2022</statusdate><chamber>Senate</chamber><action>Assigned to Judiciary</action>
<statusdate>2/7/2022</statusdate><chamber>Senate</chamber><action>To Judiciary- Property Law</action>
<statusdate>2/10/2022</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As February 18, 2022</action>
<statusdate>2/18/2022</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

